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FIRST RESIDENTS OF RUZAEVKA PRIORITY SOCIAL AND ECONOMIC DEVELOPMENT AREA HAVE BEEN INCLUDED IN THE FEDERAL REGISTER

By decision of the Ministry of Economic Development of Russia, two companies have obtained the status of residents of Ruzaevka priority development area (TOSER).

One of the companies is Progress. It implements the project on furniture production. The planned volume of production is 500 million rubles, production capacity – one billion rubles per year. Implementation of the project will provide 300 new jobs.

The other resident of priority area is Research and production association Promyshlennaya Microbiologiya. The project includes production of food additive for livestock. The project will provide 17 new jobs. Production capacity is 25 million rubles per year, amount of investments – 53.3 million rubles.

Order of the Government of the Russian Federation No 1165 “On establishment of Ruzaevka priority social and economic development area” was signed on September 27, 2017. Ruzaevka is the first single-industry town of Mordovia that have obtained the status.

During the special commission on investment projects in November the Ministry of Economy, Trade and Entrepreneurship of the Republic of Mordovia made an agreement with the first two residents of the priority development area.